Income and Health Spending: Evidence from Oil Price Shocks

NBER Working Paper No. 14744Issued in February 2009, Revised in December 2011

---- Acknowledgements ----

We are grateful to Amitabh Chandra, Bob Hall, Guy Michaels, Joe Newhouse, and participants at the NBER Health Care meetings for helpful comments, to James Wang for outstanding research assistance, and to the National Institute of Aging (NIA grant numbers P30-AG012810 and T32-AG000186) for financial support. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.